Monday, December 1, 2014

Michigan Woman Charged With Embezzling $210K To Pay Credit Card Bills

From the MLive on 11/26/2014:

A Grand Rapids woman has allegedly admitted to embezzling more than $210,000 from her employer, a printing supply company, to pay her personal credit card bills.

Amy Lynne Roselle, 49, is charged with embezzlement of more than $100,000 after the president of The Advantage Group reported in October that he and an accountant discovered she had allegedly been channeling money through a business account for her own use since September 2012, court documents state.

Roselle on Wednesday, Nov. 26, waived a probable cause hearing in Kent County District Court, sending the case to circuit court.

She allegedly deposited vendor checks from the Caledonia Township printing supply company into a Fifth Third Bank business account and used some of the funds to pay her credit card bills. Roselle, with her attorney present, earlier this month admitted to a Kent County sheriff's detective that she embezzled more than $210,000, according to a probable cause affidavit.

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Read the whole story here.

Update (1/7/2015) from MLive.com:

A Grand Rapids woman stole more than $210,000 from the Caledonia lithograph and printing supply company where she worked now faces prison in addition to having to pay back the money she embezzled.

Amy Lynne Roselle, 49, tearfully pleaded guilty Wednesday, Jan. 7, before Kent County Circuit Court Judge Mark Trusock to embezzlement of more than $100,000, the harshest embezzlement charge under Michigan law which carries a maximum sentence of 20 years in prison.

There was no plea agreement with the Kent County prosecutor’s Office, but Roselle’s attorney George Krupp told the judge that his client was transferring $32,000 from her retirement account to pay back some of the amount taken.

Krupp said it is hoped that will factor favorably into Trusock’s decision when he sentences Roselle on March 5.

The crime came to light after the president of The Advantage Group company, Mark Vanderbur, in Caledonia Township, was informed by an accountant that Roselle had been channeling money through a business account for her own use since September 2012, according to court records.

She allegedly deposited vendor checks from the submitted by customers into a Fifth Third Bank business account and used the funds to pay her credit card bills as well as other personal expenses.
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